1995 (3) TMI 242

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..... is whether the appellant had correctly taken Modvat credit on the Retarder used by it in the processing of Rubber. The appellant filed a declaration, as required under Rule 57G of the Central Excise Rules on 8th March, 1986. In this declaration, it listed a large number of items specifically but retarder is not included in the specific list. The specific items were headed by a mere general declar .....

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..... Ramesh also emphasises that the declaration was filed in the very early days of introduction of Modvat before procedures had crystallised due to clarification with regard to procedures. Shri Y.R. Kilaniya, DR supports the order of Addl. Collector saying that product has not been specifically mentioned and credit was not available. 4. There is no denial that the item is a rubber processing chemic .....

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